Weibo (WB) Stock Price, News & Analysis

Company Overview

Weibo Corporation, through its subsidiaries, operates as a social media platform for people to create, distribute, and discover content in the People's Republic of China. It operates in two segments, Advertising and Marketing Services; and Value-Added Services. The company offers discovery products to help users discover content on its platform; self-expression products that enable its users to express themselves on its platform; and social products to promote social interaction between users on its platform. It also provides advertising and marketing solutions, such as social display advertisements; and promoted marketing offerings, such as Fans Headline and Weibo Express promoted feeds, as well as promoted trends and search products that appear alongside user's trends discovery and search behaviors. In addition, the company offers products, such as trends, search, video/live streaming, and editing tools; content customization, copyright contents pooling, and user interaction development; and search list recommendation, trends list recommendation, and Weibo app opening advertisements. Further, it provides back-end management, traffic support, and product solutions to MCNs, unions, and e-commerce partners; open application platform for other app developers that allows users to log into third-party applications with their Weibo account for sharing third-party content on its platform; and Weibo Wallet, a product that enables platform partners to conduct interest generation activities on Weibo, such as handing out red envelops and coupons. The company was formerly known as T.CN Corporation and changed its name to Weibo Corporation in 2012. The company was founded in 2009 and is headquartered in Beijing, China. Weibo Corporation operates as a subsidiary of Sina Corporation.

Key Stats

• Today's Range: $9.08 to $10.15
• 50-Day Range: $7.13 to $9.91
• 52-Week Range: $7.03 to $13.54
• Volume: 7.11 million shs
• Average Volume: 1.98 million shs
• Market Capitalization: $2.32 billion
• P/E Ratio: 8.33
• Dividend Yield: N/A
• Price Target: $9.88
• Consensus Rating: Reduce

Weibo Stock Analysis - MarketRank™

Weibo scored higher than 31% of companies evaluated by MarketBeat, and ranked 547th out of 669 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 0.9 / 5
• Analyst Rating: Reduce

Consensus Rating

Weibo has received a consensus rating of Reduce. The company's average rating score is 1.83, and is based on 1 buy rating, 3 hold ratings, and 2 sell ratings.

Amount of Analyst Coverage

Weibo has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: -6.08%

Earnings Growth

Earnings for Weibo are expected to decrease by -6.08% in the coming year, from $1.48 to $1.39 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Weibo is 8.33, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.45.

Price to Earnings Ratio vs. Sector

The P/E ratio of Weibo is 8.33, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 265.54.

Price to Earnings Growth Ratio

Weibo has a PEG Ratio of 1.46. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Weibo has a P/B Ratio of 0.67. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

7.72% of the outstanding shares of Weibo have been sold short.

Short Interest Ratio / Days to Cover

Weibo has a short interest ratio ("days to cover") of 12.6, which indicates bearish sentiment.

Change versus previous month

Short interest in Weibo has recently decreased by 0.06%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Weibo does not currently pay a dividend.

Dividend Growth

Weibo does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

7.72% of the outstanding shares of Weibo have been sold short.

Short Interest Ratio / Days to Cover

Weibo has a short interest ratio ("days to cover") of 12.6, which indicates bearish sentiment.

Change versus previous month

Short interest in Weibo has recently decreased by 0.06%, indicating that investor sentiment is improving.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: 1.17

News Sentiment

Weibo has a news sentiment score of 1.17. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.56 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Weibo this week, compared to 3 articles on an average week.

Search Interest

5 people have searched for WB on MarketBeat in the last 30 days. This is an increase of 67% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Weibo insiders have not sold or bought any company stock.

Percentage Held by Insiders

41.30% of the stock of Weibo is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

68.77% of the stock of Weibo is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

WB Stock Analysis - Frequently Asked Questions

How have WB shares performed this year?

Weibo's stock was trading at $10.95 on January 1st, 2024. Since then, WB shares have decreased by 9.5% and is now trading at $9.91.
View the best growth stocks for 2024 here.

How were Weibo's earnings last quarter?

Weibo Co. (NASDAQ:WB) issued its earnings results on Thursday, August, 22nd. The information services provider reported $0.48 earnings per share for the quarter, beating analysts' consensus estimates of $0.38 by $0.10. The firm's revenue was down .5% compared to the same quarter last year.

Who are Weibo's major shareholders?

Weibo's top institutional investors include Federated Hermes Inc. (2.04%), Allspring Global Investments Holdings LLC (1.80%), Krane Funds Advisors LLC (1.62%) and Acadian Asset Management LLC (1.04%).

How do I buy shares of Weibo?

Shares of WB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Weibo own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Weibo investors own include Alibaba Group (BABA), NVIDIA (NVDA), Micron Technology (MU), JD.com (JD), Netflix (NFLX), Baidu (BIDU) and Hello Group (MOMO).

Company Calendar

• Last Earnings: 8/22/2024
• Today: 9/27/2024
• Next Earnings (Estimated): 11/14/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Computer programming, data processing, & other computer related
• Sub-Industry: Computer Software
• Current Symbol: NASDAQ:WB
• CUSIP: N/A
• CIK: 1595761
• Web: ir.weibo.com
• Phone: 861058983017
• Fax: 86-10-8260-8888
• Employees: 5,268
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $9.88
• High Stock Price Target: $11.50
• Low Stock Price Target: $7.50
• Potential Upside/Downside: -0.7%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.83
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.19
• Trailing P/E Ratio: 8.36
• Forward P/E Ratio: 6.72
• P/E Growth: 1.46
• Net Income: $342.60 million
• Net Margins: 18.52%
• Pretax Margin: 28.16%
• Return on Equity: 11.01%
• Return on Assets: 5.16%

Debt

• Debt-to-Equity Ratio: 0.55
• Current Ratio: 2.34
• Quick Ratio: 2.34

Sales & Book Value

• Annual Sales: $1.74 billion
• Price / Sales: 1.34
• Cash Flow: $2.01 per share
• Price / Cash Flow: 4.95
• Book Value: $14.73 per share
• Price / Book: 0.68

Miscellaneous

• Outstanding Shares: 234,186,000
• Free Float: 137,467,000
• Market Cap: $2.33 billion
• Optionable: Optionable
• Beta: 0.22